Movoto Real Estate
Sold on 05/06/2026
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8 College Ave, Gorham, ME 04038

  • $1,799,000

    Last sold 05/06/2026 after 359 Days

  • 8

    bed

  • 8

    bath

  • 5,444

    Sqft ($330/Sqft)

Multi-family not for sale
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About 8 College Ave

Property type Multi-family
Year built 1803
HOA fee $0/month
Lot size 0.61 Acre
Parking 2 garage spaces
Property description
Investment opportunity alert! Say hello to the McLellan House - an 8 Unit historic head-turner and turnkey treasure tucked into the heart of Gorham Village. Situated just steps from USM and all of Gorham's go-to spots - cafes, shops, and community happenings - this handsome colonial offers convenience to all who call it home. A stellar setup for savvy investors, this fully occupied eight-unit gem boasts a strong rental record, smart layouts, and low-maintenance living that keeps headaches (and handyman calls) to a minimum. Each unit is separately metered; tenants handle utilities, while the landlord covers water and sewer. Add in a sizable deck, detached 2-car garage, and spots for each tenant's cars (no parallel parking panic here!) and you've got a perfect combination of convenience and curb appeal. Whether you're looking to grow your portfolio or plant roots in one of Maine's most charming college towns, the McLellan House is your golden goose. Opportunity is knocking - will you answer?
Listed by
Listing Agent - Bridget King Jason Miller
Listing Agent Contact: Info@kingmillerrealestate.com
Listing Office - King + Miller Real Estate
Source: MREIS mls logo
MLS#1623066 • last updated 1 week ago
Movoto checked MREIS for data 2 minutes ago
Overview
Heating Direct Vent Furnace
Levels/Style Colonial, Federal, 3
MLS # 1623066
SqFt 5444
Status Closed
Lot Size (Acres) 0.61
Lot Size (Sqft) 26571.6
Property Tax 11315
Year Built 1803
Interior
Total # of Bathrooms 8
# Full Baths 8
Flooring Carpet, Laminate, Other
Exterior
Roof Shingle
Patio/ Porch Deck
Amenities / Utilities
Water Source Public
Location
View Scenic
Multifamily Details
Total # Of Units 8
Operating Expense 24662.06
Gross Income 171000
We are not permitted to show value estimates for this property.
  • May 2026
    mls logo MLS # 1623066
  • May 7, 2026 Sold
    $1,799,000
  • May 7, 2026 Pending
  • Dec 1, 2025 Expired
  • Nov 8, 2025 Listed
  • Sep 15, 2025 Active
  • Aug 6, 2025 Price Change
    $1,799,000 (-6.3%)
  • May 17, 2025 Listed
    $1,920,000 (+6.7%)
  • May 12, 2025 Listed
    $1,799,000 (+699.6%)
  • Jan 2020
    mls logo MLS # 1411070
  • Jan 1, 2020 Expired
  • Apr 12, 2019 Listed
    $225,000 (-37.8%)
  • Sep 2010
    mls logo MLS # 986912
  • Sep 7, 2010 Sold
    $362,000 (-4.5%)
  • Aug 3, 2010 Listed
    $379,000 (-5.0%)
  • May 2010
    mls logo MLS # 930414
  • May 28, 2010 Expired
  • Apr 28, 2009 Listed
    $399,000 (+5.0%)
  • Sep 2004
    mls logo MLS # 705188
  • Sep 20, 2004 Expired
  • May 7, 2004 Listed
    $379,900 (+12.1%)
  • Nov 2003
    mls logo MLS # 620723
  • Nov 8, 2003 Expired
  • May 8, 2003 Listed
    $339,000
  • 8 College Ave
    $1.79M
  • 04038
    $580K +5% y/y
  • Gorham
    $649K +11% y/y
No chart available
Statistics calculated by Movoto

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5/10
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Source: GreatSchools.org © 2026. All rights reserved.

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